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$1,748,888
Available - For Sale
Listing ID: N11937067
Attention Investors! An incredible investment opportunity awaits! Whether you're looking to grow your rental portfolio or start a vacation rental business, this property is packed with potential. This property is perfect for Airbnb or rental income ventures. Key features include: Legal duplex designation with a visible plate on the front of the house. Three units, each with private entrances, offering flexible rental options. Private dock and deeded lake access for year-round enjoyment. The town has started the process for owner purchase of the waterfront land across the street an exciting added value opportunity! 200-amp electrical service, ensuring reliable power for all units. Metal Roof, Furnace 2021 , A/C 2022 , Hot water Tank Owned 2016 . Basement walls Double Insulated. A spacious three-door garage for storage or additional use. A large lot with plenty of parking in both the front and back. This property has incredible potential, whether for short-term rentals, long-term tenants, or a mix of both. Legal Duplex With 3rd Sep. Unit In Bsmnt (Can Apply To Make 3rd Unit Legal) On Massive Waterfront Lot! Widens To 82Ft In Rear. Unobstructed Western Lakefront Views! Private Dock + Steps To Boat Launch. Detached 3.5 Car Garage. Instant Lake Access In Winter For Ice Fishing! Upper Unit 1500Sqft: 4 Bedrooms(Converted To 3) + 2 Baths, Kitchen, Dining, Laundry, 2 Decks (Front And Back). Main Unit 550Sqft: 1 Bedroom + 1 Bath, Kitchen, Dining And Walk-Out Patio. Bsmnt Unit 450Sqft: Walk-Up Big Bachelor + 1 Bath + Side Private Patio. The seller assumes no responsibility for the accuracy of measurements or any others. The buyer is advised to conduct their own independent investigations and due diligence." **EXTRAS** UPPER & BASEMENT UNITS, Already ( TENANTED ).
Price $1,748,888
Taxes: $7,648.85
Address: 55 Lake Dr North , Georgina, L4P 1A5, Ontario
Lot Size: 67.51 x 218.99 (Feet)
Acreage: .50-1.99
Directions/Cross Streets: Nida Dr and Lake Dr N
Rooms: 10
Rooms +: 4
Bedrooms: 3
Bedrooms +: 1
Washrooms: 4
Kitchens: 2
Family Room: Y
Basement: Finished
Sep Entrance
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Upper Living 17.12 19.75 Overlook Water, Hardwood Floor, W/O To Deck
Room 2: Upper Dining 16.47 16.47 Overlook Water, 2 Pc Bath, Large Window
Room 3: Upper Kitchen 17.15 10.96 W/O To Deck, French Doors, Pantry
Room 4: Upper Prim Bdrm 21.62 13.45 4 Pc Ensuite, Closet, Overlook Water
Room 5: Upper 2nd Br 12.00 11.51 O/Looks Backyard, Laminate
Room 6: Upper 3rd Br 11.51 8.95 O/Looks Backyard, Laminate, Closet
Room 7: Main 4th Br 9.87 10.14 Overlook Water, Laminate
Room 8: Main Living 11.09 9.81 Fireplace, W/O To Patio, Laminate
Room 9: Main Dining 11.09 11.05 Combined W/Living, O/Looks Backyard, 3 Pc Bath
Room 10: Lower Living 24.86 12.86 Combined W/Dining, Above Grade Window, 3 Pc Bath
No. of Pieces Level
Washroom 1 4 Upper
Washroom 2 2 Upper
Washroom 3 3 Ground
Washroom 4 3 Bsmt
Property Type: Detached
Style: Sidesplit 3
Exterior: Alum Siding
Stone
Garage Type: Detached
(Parking/)Drive: Available
Drive Parking Spaces: 8
Pool: None
Other Structures: Drive Shed
Approximatly Age: 51-99
Approximatly Square Footage: 2500-3000
Property Features: Beach
Clear View
Cul De Sac
Fenced Yard
Lake Access
Waterfront
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: Y
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: Y
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CENTURY 21 LEADING EDGE REALTY INC.

55 Lake Dr North , Georgina, L4P 1A5, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: York
Municipality: Georgina
Neighbourhood: Historic Lakeshore Communities
Style: Sidesplit 3
Lot Size: 67.51 x 218.99(Feet)
Approximate Age: 51-99
Tax: $7,648.85
Maintenance Fee: $0
Beds: 3+1
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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